A relative received a cheque from an insurance company mistakenly and he bank it. Is he liable to be sued?
The insurance company still has not found out the mistake. But, if they did, would my relative get within trouble with the law? Should he own up first?
Answers:
I doubt he will be sued, however once the insurance company catches up next to their mistake, they are going to come after him for restitution.
If I were him, I would contact the insurance company NOW and let them know of their error, and do it contained by WRITING, make sure you keep copies of EVERYTHING, sent it certified messages, registered mail, FedEX, something that will give you a account of what you sent, and keep COPIES of everything, just within case.
-Em
gotta pay it fund
If the check be not intended for him he could be prosecuted for theft and the criminal court could order restitution.
More than plausible the insurance company would ask for the money back and if not hastily forthcoming would call the police since that way they don't own to pay the costs of suit.
If the insurance company mistakenly paid a claim, later it's a civil matter.
If an insurance company sends a check unexpectedly it is often a return of premium: which finances they have cancelled a policy for some reason. Mistakes transpire, but they are rare.
As your relative has by immediately realised that the insurance company has mistakenly made a cheque out to him, he is liable at the very most minuscule for criminal misappropriation of property, if not outright theft.
The insurance company does not own to make any claims against your relative; all they involve to do is to make a police report with supporting documentary evidence.
It would be best if your relative contacted the insurance company and work out next to them the next step to take, previously things come to a head. Source(s): Singapore Penal Code, Cap 224
He should advise the insurance company and ask them how they want to handle it, otherwise it is a short time ago stealing even if the insurance company never figures out the mistake.
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Answers:
I doubt he will be sued, however once the insurance company catches up next to their mistake, they are going to come after him for restitution.
If I were him, I would contact the insurance company NOW and let them know of their error, and do it contained by WRITING, make sure you keep copies of EVERYTHING, sent it certified messages, registered mail, FedEX, something that will give you a account of what you sent, and keep COPIES of everything, just within case.
-Em
gotta pay it fund
If the check be not intended for him he could be prosecuted for theft and the criminal court could order restitution.
More than plausible the insurance company would ask for the money back and if not hastily forthcoming would call the police since that way they don't own to pay the costs of suit.
If the insurance company mistakenly paid a claim, later it's a civil matter.
If an insurance company sends a check unexpectedly it is often a return of premium: which finances they have cancelled a policy for some reason. Mistakes transpire, but they are rare.
As your relative has by immediately realised that the insurance company has mistakenly made a cheque out to him, he is liable at the very most minuscule for criminal misappropriation of property, if not outright theft.
The insurance company does not own to make any claims against your relative; all they involve to do is to make a police report with supporting documentary evidence.
It would be best if your relative contacted the insurance company and work out next to them the next step to take, previously things come to a head. Source(s): Singapore Penal Code, Cap 224
He should advise the insurance company and ask them how they want to handle it, otherwise it is a short time ago stealing even if the insurance company never figures out the mistake.
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